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DOWELL SERVICE (02352.HK) Public Offer Oversubscribed by Nearly 3.4x, Priced at Lower End; One-lot Success Rate 17.85%

AASTOCKS ·  Apr 27, 2022 22:05
DOWELL SERVICE (02352.HK) announced that the offer price of its Hong Kong IPO has been determined at $11.9 per share, which was the lower end of the listing price range ($11.9-15.4). The Hong Kong public offering was oversubscribed by about 3.35x. The stock is set to go public tomorrow (29th). One-lot (200 shares) success rate is 17.85%.
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